Country: Malaysia Page 16 / 23
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- January 12 2018
Takaful outpaces conventional insurance in Malaysia
Family and general takaful in the country grew by 7.5% and 5.9%, respectively, in the first half of 2017.
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- January 11 2018
Great Eastern may shed stake in Malaysian operations
The insurer is reported to be in talks with Malaysian banks regarding the possible sale.
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- January 10 2018
Maybank’s Etiqa names four new CEOs
The new executives will lead each of the four new entities generated by the split of the insurer.
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- January 9 2018
ACR appoints new Malaysia CEO
Asia Capital Re has appointed Hue Yann Wei as chief executive of its Malaysia subsidiary.
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- December 19 2017
Malaysia, Thailand sign insurance deal
Bank Negara Malaysia and Thailand’s Office of Insurance Commission have signed an MoU.
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- December 15 2017
Malaysia’s AmBank eyes sale of insurance unit
The lender is aiming to offload some of its non-core businesses and focus on its primary operations.
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- December 1 2017
FRS opens in Hong Kong and Malaysia
Financial Risk Solutions' two new offices are in Menara Darussalam in Kuala Lumpur and ICC in Hong Kong.
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- December 1 2017
Insurance sector in Malaysia welcomes new deputy governor
Jessica Chew is set to step in starting January next year as Sukudhew Singh is relinquishing his post after 31 years.
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- November 27 2017
Jirnexu set to operate in Malaysia
The South-East Asian fintech company has been approved to compare, sell, process payments and issue e-policies.
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- November 24 2017
Swiss Re Corporate Solutions appoints new SE Asia head
Didier Belot replaces Jonathan Rake and will be responsible for building commercial insurance programmes in the region.
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- November 17 2017
Insurers in Malaysia target local capital
Global insurers are aiming to comply with the June 2018 deadline to achieve a 30% local shareholding.
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- November 1 2017
Insurance, takaful remain unpopular in Malaysia
The country's central bank governor urged the industry to focus on the underserved segment of the market.
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- October 25 2017
Malaysia warns insurers against raising motor premiums
Any increase above 10% after tariff liberalisation will require the approval of the Bank of Negara Malaysia.
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- October 24 2017
Takaful market continues to enjoy growth
Data gathered by Kenanga Research show the family sector grew 5% in September, while the general sector grew 9%.
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- October 6 2017
Two Malaysian pension funds eye stakes in insurers
The country's two biggest pension funds are considering buying into one of the locally incorporated foreign-owned insurers.
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- October 2 2017
Etiqa completes acquisition of Indonesian insurer
Maybank's wholly-owned insurance arm has completed its acquisition of Asuransi Asoka Mas for US$15.35m.
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- September 20 2017
Foreign insurers rush to meet Malaysia ownership cap
Bank Negara Malaysia wants foreign ownership in local insurance companies to be capped at 70% by June 2018.
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- September 20 2017
Malaysia’s central bank approves Axa Affin share sale
Affin Holdings has been given the green light to acquire a 7.07% equity interest in AXA Affin General Insurance.
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- September 8 2017
Higher profits for Malaysia’s insurance, takaful firms
Traditional and Islamic insurers in the country are beginning to see a silver lining after a period of dreary results.
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- August 24 2017
Lazada, AIG forge online cover deal in Malaysia
South-East Asia's biggest e-commerce platform has teamed up with AIG to sell insurance on its platform.
